Luxury Daily, February 8, 2018 – China’s rebound boosts luxury valuations

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February 8, 2018

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Financial services

China’s rebound boosts luxury valuations

The Savigny Luxury Index grew 2 percent in January, as the luxury business shows further signs of recovery.

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Fragrance and personal care

Ferragamo flaunts feminine fragrance in playful campaign

Italian fashion label Salvatore Ferragamo is appealing to the free-spirited modern woman in a campaign that pays homage to a love of life.

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Media/publishing

Condé Nast to introduce integrated content on Amazon Echo Look

As publishers work to reevaluate where media belongs in the digital landscape, Condé Nast publications GQ and Vogue will begin streamlining select content to Amazon’s Echo Look.

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Real estate

Bitcoin makes its way into real estate with $6M sale FREE

As the cryptocurrency Bitcoin continues to disrupt the market, giving big returns to early investors, its impact has now reached the luxury real estate industry.

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Automotive

What global brands can learn from Mercedes’ mistake

German automaker Mercedes has issued a public apology after offending the Chinese government, in another example of how global brands need to tread carefully in regard to cultural sensitivities.

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Marketing

Luxury Daily releases new 40-page State of Luxury 2018 report polling industry insiders FREE

The rise of the digital economy simultaneously poses the biggest challenge and growth opportunity to the luxury business, according to the newly released “State of Luxury 2018: The Insider View” report from Luxury Daily and Unity Marketing that surveyed 599 decision-making luxury industry insiders. More details in article on how to buy or get the report free with a new annual subscription.

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Strategy

Subscribe now: $12 for 12 weeks FREE

Never miss a luxury moment. Access the latest luxury business news and analysis, marketing and retail campaigns, features, special reports and live coverage during business hours. Check the $12 for 12 weeks offer for 22 percent off the annual subscription price.

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News briefs

J.W. Anderson, Dorchester Collection, Tom Ford, Michael Kors, Bentley and Burberry – Live news

Luxury Daily's live news from Feb. 7 - J.W. Anderson scouts future creative talent in open-call campaign; Dorchester Collection to make Middle East debut in Dubai; Tom Ford rounds out lifestyle push with timepiece, underwear lines; Jimmy Choo supports Michael Kors’ revenue growth in Q3 2018; Bentley invests in the future with talent of tomorrow; Burberry catalogs Christopher Bailey’s tenure in playlist form.

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News briefs

Giorgio Armani, overpriced luxury, translations and the Philippine government – News briefs

Today in luxury - Paris Emporio Armani restaurant receives a Michelin star; It's not just luxury handbags that are overpriced; How international luxury brands translate their names for China; Philippine government crushes dozens of luxury and classic cars.

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Columns

How luxury brands can upgrade cross-channel services

Customer expectations are higher than they have ever been in a time when every industry’s landscape is fluid, constantly obstructed by change and inexorably chasing technology advancements. Nowhere is that more evident than in luxury retail.

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